Bentonville, Arkansas Housing Market Prices
Bentonville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 7% above the Arkansas median$120,273
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Median rent 43% above the Arkansas median$1,352
Housing Market Overview
| Metric | Bentonville | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,273 | $111,957 | $248,835 |
| Price Trend (Annual %) | -1.4% | 3.4% | 7.5% |
| Median Gross Rent | $1,352 | $947 | $1,407 |
| Rent Trend (Annual %) | 6.2% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bentonville is about 7% higher than in Arkansas. Rent is about 43% higher than the Arkansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Bentonville: home prices fell about 1.4% a year while rent rose about 6.2% a year. That is an unusual pattern worth watching.
Median rent in Bentonville rose about 70.9% between 2015 and 2024, from $791 to $1,352. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Bentonville.
Buying the median-priced home in Bentonville costs roughly 7.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bentonville. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Bentonville | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,273 | $111,957 | $248,835 |
| Median Household Income | $104,371 | $60,940 | $80,455 |
| Price-to-Income Ratio | 1.2 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bentonville fell about 27.0%, while median household income rose about 100.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bentonville | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 42.8% | 57.4% | 58.5% |
| Rental Rate | 47.4% | 29.0% | 31.2% |
| Vacancy Rate | 9.7% | 13.5% | 10.2% |
| Median Tenure (years) | 9.0 | 14.0 | 15.0 |
| Median Year Moved In | 2017 | 2012 | 2011 |
Bentonville has a homeownership rate of 42.8%, lower than the Arkansas average of 57.4%. Its housing vacancy rate is 9.7%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Bentonville | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 2004 | 1987 | 1978 |
| Median Number of Rooms | 5.2 | 5.5 | 5.5 |
The typical housing unit in Bentonville was built around 2004. On average, 2.5 people live in a home with about 5.2 rooms, staying for about 9.0 years on average.
Bentonville, AR Housing Compared With Nearby Cities
How Bentonville, AR compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bentonville, AR | 48,704 | $120,273 #2/2 | $1,352 #1/2 | 47.5% #2/2 |
| Rogers, AR | 65,107 | $197,669 | $1,246 | 54.1% |
Frequently Asked Questions
Common questions about the housing market in Bentonville, Arkansas.
What is the median home price in Bentonville, Arkansas?
The median home price in Bentonville, Arkansas is $120,273, higher than the Arkansas average of $111,957.
What is the average home price in Bentonville, Arkansas?
The typical home price in Bentonville, Arkansas, reported as the median sale price, is $120,273. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bentonville, Arkansas?
The median gross rent in Bentonville, Arkansas is $1,352 per month, higher than the Arkansas average of $947.
What was the median gross rent in Bentonville in 2020?
In 2020, the median gross rent in Bentonville, Arkansas was $1,017 per month.
What is the price-to-rent ratio in Bentonville, Arkansas?
The price-to-rent ratio in Bentonville, Arkansas is about 7.4, meaning it would take roughly 7.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bentonville.
Are home prices or rent rising faster in Bentonville, Arkansas?
Home prices and rent are moving in opposite directions in Bentonville: home prices fell about 1.4% a year while rent rose about 6.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Bentonville, Arkansas?
42.8% of households in Bentonville, Arkansas own their home, lower than the Arkansas average of 57.4%.
What is the vacancy rate in Bentonville, Arkansas?
The housing vacancy rate in Bentonville, Arkansas is 9.7%, lower than the Arkansas average of 13.5%.
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